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Re: Repealing the Social Security Windfall Elimination Provision And Pension Offset 2017 Legislation

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Message 51 of 66

I am losing over $300 a month because of this tax.I get two partial checks instead of a full retirement. i worked 24 years for s.s. and 19 years for the school system.I got cheated Big Time.

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Re: Repealing the Social Security Windfall Elimination Provision And Pension Offset 2017 Legislation

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Message 52 of 66
The system knows how to tell the difference between a lifetime low income wage earner and someone who only worked 10 years. I tried an experiment. I plugged in $3700 for each year from 1971-2018. My benefit was $760. Doing it with my actual years and income I get $518. So it goes to show the theory behind WEP is flawed. They stole a days pay 3 out 4 years on top of eliminating a good chunk of our Social Security. And what about folks that after 20 years gave up a good career to teach expecting they would get their Social Security.
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Re: Repealing the Social Security Windfall Elimination Provision And Pension Offset 2017 Legislation

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Message 53 of 66

I have all required quarters and more. I paid into Social Security both before and after I worked for the Government. I sorta of understand what you are saying but on the other hand why can some who worked the same amonunt of time with the same number of quarters get all their Socila Security and I can't.  I do not expect to get what someone who worked 35-40 years but I would like more then the 40% they might give me.My Civil Service Retiremrnt went into a different pot of money. Same for City and State Workers. Social Security has had my money since 1981 and I am sure they have made plenty of interest off it. The real issue is not double dipping but the fact Congress has been using Social Security to pay for stuff.  

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Re: Repealing the Social Security Windfall Elimination Provision And Pension Offset 2017 Legislation

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Message 54 of 66

@l508156s wrote:

If you put money in 2 seperate banks are you denied the use of funds from one? No. But this is what the WEP does to a number of workers who paid into both Social Security and a pension. What I would get without the WEP is pittance but with it poverty. I hope the RTTA and Mass Retired Teachers and the NEA can get congress to do something and either repeal or change the formula. 


 

@l508156s

It is not like a bank account - more like an insurace policy.  There is no SS account just for you where your premiums are credited.  A persons SS benefit is figured on the amount of time they have made contributions to the program and what their average wages were during that entire time.

 

How you qualify for retirement benefits?

When you work and pay Social Security taxes, you earn
“credits” toward Social Security benefits. The number of
credits you need to get retirement benefits depends on
when you were born. If you were born in 1929 or later,
you need 40 credits (10 years of work).
 
How much will your retirement benefit be?
If you stop working before you have enough credits to
qualify for benefits, the credits will remain on your Social
Security record. If you return to work later, you can add
more credits to qualify. We can’t pay any retirement
benefits until you have the required number of credits.
 
We base your benefit payment on how much you earned
during your working career. Higher lifetime earnings result
in higher benefits. If there were some years you didn’t
work or had low earnings, your benefit amount may be
lower than if you had worked steadily.
 

 

Most likely there would have to be a formula change because the formula was what was wrong with it before the change.

.

Most likely a formula would have to invented JUST for them because the regular formula does not work and many of the standard rules would have to go by the wayside.

  • they have not worked long enough under and within the SS program to be vested in it since they did not pay these payroll taxes when at their government job where they are getting their pension.
  • new bend points to figure their AIM, to comput their benefit) would have to be determined based on their wages ONLY at their SS covered job

Somehow, for any change to be equitable, SSA has to figure these type claims differently, perhaps on a manuel basis and I am not too sure they aren't coming out ahead the way things currently are figured - so even a new formula might not give these folks what they think they deserve because it will depend on how long they worked under the SS system, what their wage range was during that time.

 

They didn't pay into the SS system at their government job - so none of that salary or time will be included.

 

Then would this be fair to others who didn't work long enough under the SS system to be vested?

 

Yes, it is very complicated. 

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Re: Repealing the Social Security Windfall Elimination Provision And Pension Offset 2017 Legislation

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Message 55 of 66
I was working for the Federal Government in 1983. All they told us was they were eliminating the the Civil Service Retirement System and changing to one where you paid into Social Security. They pushed the new plan but never told us how it would affect our Social Security benefits. I voted for the other guy.
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Re: Repealing the Social Security Windfall Elimination Provision And Pension Offset 2017 Legislation

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Message 56 of 66

If you put money in 2 seperate banks are you denied the use of funds from one? No. But this is what the WEP does to a number of workers who paid into both Social Security and a pension. What I would get without the WEP is pittance but with it poverty. I hope the RTTA and Mass Retired Teachers and the NEA can get congress to do something and either repeal or change the formula. 

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Re: Repealing the Social Security Windfall Elimination Provision And Pension Offset 2017 Legislation

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Message 57 of 66

@SteveT934531,  @JohnF878645

 

In a nutshell, they don't know how to figure it to be fair.

Social Security WEP History

 

The old way was not fair because it paid too much so we won't go back to that way.

 

My neighbor is a plumber - he worked for the local school system not under the SS system.  He also had his own company where he "moonlighted" and paid SS on this salary.  He worked for the school system around 25 years.  When he retired and began his pension from the school system, he continued to work at his company until he had accumulated a work history in the SS system of 30 years.

 

He gets both pension and SS and is not affected by the WEB because he had an overall substantial work history under the SS system.

 

You have to have at least 10 years of work history with a minimum of earnings for those years to be vested into the SS system.  For low wage earners, they work their whole length of their career (30 or more years) under the SS system to get the minimum benefit.  People who work mainly outside the SS system but who may have 10 years or more (but less than 30) working in a job within the SS system are not low wage earners and thus their benefits cannot be figured as if they were as was done before the WEP.

 

So they came up with the WEP because if you worked 10 years under the SS system, you are entitled to a benefit but only one that represents the amount of time and contributions which were made under the SS system.

 

I do not know if the WEP is fair but I do know the way they use to figure it was "double dipping" because they considered these worker as low wage earners and gave them credit as such under the SS system.

 

You are outliers. You are outside the regular computation of benefits.  You don't fit into the normal computation unless you work under the SS system for about 30 years, even at a low wage.

 

Perhaps you should opt for some special manual computation since there are relatively few in this situation.

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Re: Repealing the Social Security Windfall Elimination Provision And Pension Offset 2017 Legislation

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Message 58 of 66

Like so many who have commented on this issue I suffer from this inequity.  Unfortunately members of Congress listen to those who complain, sympathize with the problem, however shift the responsibility for lack of advancement of pending legislation to committees, sub-committees, hearings, etc.  These excuses persist year after year with no resolution.  One would believe that no bills ever advance, however this not the case as we all know. The voice of those who have reached retirement age fall upon deaf ears, and those of us who are denied the benefits we have rightly earned will I am afraid NEVER see this “wrong” righted.  It’s a sad testimony to what moral and ethical values associated with hard work produce in our country.

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Re: Repealing the Social Security Windfall Elimination Provision And Pension Offset 2017 Legislation

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Message 59 of 66

You need to read about WEP on the SS website so you understand it. I “am” vested in both as I worked and paid into SS both before and after my federal career to where I have 40 quarters plus.  It’s a penalty for having another retirement source. Plain and simple.  

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Re: Repealing the Social Security Windfall Elimination Provision And Pension Offset 2017 Legislation

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Message 60 of 66

@JohnF878645 wrote:

Somebody help me understand why AARP has not taken a position on this HR to repeal the WEP?  WEP is nothing short of discrimination against retired federal employees.  At the very least, if you're going to receive a highly reduced SS amount, why weren't we paying in a highly reduced amount?

 

Very dissapointing.  And you want retired federal employees to join AARP?


They have a policy.

AARP Public Policies 2017 - 2018 - State and Local Government Workers

 

Look, all we are talking about here is a Social Security formula.  If you do not pay and your employer does not match contributions on the wages which you earn, then those wages should not be counted towards this benefit.

 

During those years, contributions were made to a public pension - so those wages and contributions have been counted towards this benefit.

 

I know people who are getting full benefits on both because they worked under both coverage options for the required number of years to be completely vested in both.

 

Even if the formula is changed, if there is not sufficient counted work in the private sector where SS contributions were made and matched by the employer, this SS benefit will be low(er) because the Pension Offset would probably expanded.

 

BTW, I am pretty sure that Federal workers have been paying into the Social Security system since 1984 so for them, any reduced benefit is dwindling big time.

 

 

 

 

 

 

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